CoinEx Daily:Bitcoin Breaks $100,000 Again; Trump Team Reviewing Pending SEC Crypto Enforcement Cases
- XRP0%
- ETH0%
Overview
Bitcoin rebounds strongly; Trump’s SEC team has reviewed several pending crypto enforcement cases in court. A comprehensive crypto policy reform is expected, potentially freezing some lawsuits that do not involve fraud allegations.
Daily Macro
Bitcoin Market Status: Bitcoin returns to $100,000; the altcoin market begins to recover.
Bitcoin ETF Activity: Net inflows of $754 million yesterday.
Ethereum ETF Activity: Net inflows of $59 million yesterday.
Macroeconomic Data: The U.S. December unadjusted core CPI YoY came in lower than expected yesterday, increasing market expectations of rate cuts, which boosted the crypto market.
Daily Focus
XRP
Reason for Focus: XRP surged to a high of $3.19, setting a new all-time high. Court documents show that the U.S. SEC has submitted opening arguments for its appeal in the Ripple case.
Related Token Performance (24H):
XRP:: +8%
Market Analysis: XRP has shown strong performance recently, likely due to potential regulatory shifts.
Next Focus
LTC
Reason for Focus: Bloomberg ETF analyst Eric Balchunas posted on X: “We’ve heard that the S-1 filing for a Litecoin ETF has received feedback from the SEC, which seems to confirm our prediction that Litecoin is the most likely to be the next approved crypto ETF.”
Market Analysis: This is merely a response and does not indicate whether the SEC feedback is favorable. Further monitoring of SEC disclosures is needed.